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Live Nation Entertainment (BSP:L1YV34) E10 : R$-1.35 (As of Dec. 2024)


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What is Live Nation Entertainment E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Live Nation Entertainment's adjusted earnings per share data for the three months ended in Dec. 2024 was R$0.683. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-1.35 for the trailing ten years ended in Dec. 2024.

During the past 3 years, the average E10 Growth Rate was 11.40% per year. During the past 5 years, the average E10 Growth Rate was -11.10% per year. During the past 10 years, the average E10 Growth Rate was -3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Live Nation Entertainment was 17.20% per year. The lowest was -39.40% per year. And the median was 4.10% per year.

As of today (2025-04-01), Live Nation Entertainment's current stock price is R$150.08. Live Nation Entertainment's E10 for the quarter that ended in Dec. 2024 was R$-1.35. Live Nation Entertainment's Shiller PE Ratio of today is .


Live Nation Entertainment E10 Historical Data

The historical data trend for Live Nation Entertainment's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Live Nation Entertainment E10 Chart

Live Nation Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -1.71 -1.53 -1.34 -1.35

Live Nation Entertainment Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.34 -1.44 -1.51 -1.36 -1.35

Competitive Comparison of Live Nation Entertainment's E10

For the Entertainment subindustry, Live Nation Entertainment's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Live Nation Entertainment's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's Shiller PE Ratio falls into.


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Live Nation Entertainment E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Live Nation Entertainment's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.683/133.1571*133.1571
=0.683

Current CPI (Dec. 2024) = 133.1571.

Live Nation Entertainment Quarterly Data

per share eps CPI Adj_EPS
201503 -0.195 99.621 -0.261
201506 0.037 100.684 0.049
201509 0.297 100.392 0.394
201512 -0.365 99.792 -0.487
201603 -0.214 100.470 -0.284
201606 0.089 101.688 0.117
201609 0.319 101.861 0.417
201612 -0.389 101.863 -0.509
201703 -0.138 102.862 -0.179
201706 0.191 103.349 0.246
201709 0.332 104.136 0.425
201712 -0.745 104.011 -0.954
201803 -0.157 105.290 -0.199
201806 0.181 106.317 0.227
201809 0.575 106.507 0.719
201812 -0.645 105.998 -0.810
201903 -0.238 107.251 -0.295
201906 0.316 108.070 0.389
201909 0.585 108.329 0.719
201912 -0.722 108.420 -0.887
202003 -0.919 108.902 -1.124
202006 -2.771 108.767 -3.392
202009 -2.646 109.815 -3.208
202012 -2.099 109.897 -2.543
202103 -1.623 111.754 -1.934
202106 -0.905 114.631 -1.051
202109 0.201 115.734 0.231
202112 -1.086 117.630 -1.229
202203 -0.388 121.301 -0.426
202206 0.666 125.017 0.709
202209 1.458 125.227 1.550
202212 -1.322 125.222 -1.406
202303 -0.260 127.348 -0.272
202306 0.990 128.729 1.024
202309 1.906 129.860 1.954
202312 -1.323 129.419 -1.361
202403 -0.528 131.776 -0.534
202406 1.110 132.554 1.115
202409 1.839 133.029 1.841
202412 0.683 133.157 0.683

Add all the adjusted EPS together and divide 10 will get our e10.


Live Nation Entertainment  (BSP:L1YV34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Live Nation Entertainment E10 Related Terms

Thank you for viewing the detailed overview of Live Nation Entertainment's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Live Nation Entertainment Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to nearly 400 venues worldwide at the end of 2024, which the firm says makes it the second-largest operator of music venues globally. In 2024, Live Nation promoted nearly 55,000 events, drawing more than 150 million fans. Ticketmaster is a dominant global ticketing service, selling almost 640 million tickets in 2024.

Live Nation Entertainment Headlines

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